Does Munich Re pay their employees well?

According to anonymously submitted Glassdoor reviews, Munich Re employees rate their compensation and benefits as 4.0 out of 5. Find out more about salaries and benefits at Munich Re. This rating has been stable over the past 12 months.

How satisfied are employees working at Munich Re?

85% of Munich Re employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Munich Re 4.3 out of 5 for work life balance, 4.1 for culture and values and 3.6 for career opportunities.

What are the top reviewed jobs at Munich Re?

Intern (77) , Underwriter (55) , Actuarial Analyst (28) , Internship (26) , Actuary (25) , Actuarial Intern (19) , Business Analyst (17) , Data Scientist (17) , Analyst (14) , Data Analyst (13) , Praktikant/in (13) , Senior Underwriter (12) , Consultant (11) , Manager (10) , Technical Accountant (10)

What are the pros of working at Munich Re according to real employee reviews?

"Benefits are good and group look after staff" ((in 97 reviews)); "Great people outside of dept" ((in 91 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Colleagues are friendly" ((in 50 reviews)); "The average salary is good" ((in 28 reviews))

What are the cons of working at Munich Re according to real employee reviews?

"bad leadership and working environment" ((in 11 reviews)); "Office politics can be overwhelming" ((in 11 reviews)); "long hours and demanding projects" ((in 8 reviews)); "Not enough females in senior management" ((in 6 reviews)); "There is no clear career development." ((in 6 reviews))

What are employees saying about Munich Re layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Munich Re layoffs and their outlook for job security at Munich Re in 2026.

Munich Re reviews

4.1

85% would recommend to a friend

(886 total reviews)

Christoph Jurecka

100% approve of CEO

84% positive business outlook

Ratings by category

4.3

Work/Life balance

4.1

Culture & values

4.0

Diversity & inclusion

4.0

Compensation and benefits

3.6

Senior management

3.6

Career opportunities

Munich Re has an employee rating of 4.1 out of 5 stars, based on 886 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Munich Re employee rating is in line with the average (within 1 standard deviation) for employers within the Versicherungswesen industry (3.6 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

886 reviews

4.0

Oct 7, 2024

Great experience

Data engineer

Recommend

CEO approval

Business Outlook

Pros

Good culture, and there's room for growth

Cons

Still a bit more bureaucratic

Munich Re Response

1y

Dear former colleague, Thank you for taking the time to share your experience with us. We’re delighted to hear that you appreciate the positive culture and recognize the opportunities for growth within the company. We understand that bureaucracy can sometimes be a challenge, and we are continuously working to refine our processes and create a more efficient environment. Your feedback is invaluable, and we’re committed to constant improvements. Kind regards, Munich Re

5.0

Oct 2, 2024

Good work life balance

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Good work life balance. Company cares about employee well being.

Cons

Return office. Could use more flexibility.

Munich Re Response

1y

Dear colleague, Thank you for taking the time to share your experience as an Underwriter in Chicago. We are delighted to hear you value the work-life balance we offer and enjoy our company culture. We also appreciate your feedback on returning to the office. We strive to achieve the right balance between working from home and in the office, as we aim to offer our employees enough flexibility. Your perspective on this helps us enhance the employee experience at our company. Thank you for your commitment. We are happy to have you on our team. Kind regards, Munich Re

5.0

Oct 1, 2024

Great employer

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Strong brand and training support

Cons

tough hours, would appreciate greater flexibility

Munich Re Response

1y

Dear colleague, Thank you for taking the time to share your experience with us. We’re delighted to hear that you value our strong brand and the training support we provide. We also acknowledge your concerns about the tough hours and understand the importance of flexibility. Please know that we are always looking for ways to enhance the employee experience. Your feedback is invaluable, and we’re committed to making continuous improvements. Kind regards, Munich Re

Viewing 178 - 180 of 886 Reviews

Jobs at Munich Re

Project Manager - Business Strategy & Operations (m/f/d)*

München

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Category Manager Real Estate & Services (m/w/d)* - befristet bis 03/2029

München

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Consultant Procurement Financial Performance (m/f/d)*

München

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Solution Architect (m/f/d)*

München

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Strategic HR Business Partner (m/f/d)*

München

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